Roth Capital Reiterates “Buy” Rating for Snap-On (NYSE:SNA)

Snap-On (NYSE:SNA)‘s stock had its “buy” rating reaffirmed by stock analysts at Roth Capital in a research report issued to clients and investors on Thursday, Marketbeat reports. They currently have a $431.00 target price on the stock, up from their previous target price of $409.00. Roth Capital’s price objective would suggest a potential upside of 6.48% from the stock’s previous close.

A number of other equities analysts have also commented on SNA. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Robert W. Baird boosted their price objective on shares of Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Barclays started coverage on shares of Snap-On in a research note on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $418.20.

Snap-On Price Performance

NYSE SNA opened at $404.76 on Thursday. The stock has a market capitalization of $20.97 billion, a PE ratio of 20.64, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The company has a 50 day moving average price of $389.57 and a two-hundred day moving average price of $378.39. Snap-On has a 12-month low of $312.78 and a 12-month high of $419.68. The company has a quick ratio of 2.74, a current ratio of 3.43 and a debt-to-equity ratio of 0.15.

Snap-On (NYSE:SNA) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $4.96 EPS for the quarter, topping analysts’ consensus estimates of $4.95 by $0.01. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $4.72 earnings per share. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, equities analysts predict that Snap-On will post 19.7 earnings per share for the current fiscal year.

Snap-On declared that its Board of Directors has approved a stock buyback program on Thursday, April 30th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to reacquire up to 2.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Snap-On

In other news, CEO Nicholas T. Pinchuk sold 23,396 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $375.77, for a total transaction of $8,791,514.92. Following the completion of the transaction, the chief executive officer owned 856,918 shares of the company’s stock, valued at approximately $322,004,076.86. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jesus Arregui sold 4,251 shares of Snap-On stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $383.92, for a total value of $1,632,043.92. Following the transaction, the senior vice president directly owned 4,439 shares in the company, valued at $1,704,220.88. The trade was a 48.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 37,117 shares of company stock worth $14,003,922. Insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Snap-On by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 6,525,488 shares of the company’s stock worth $2,248,683,000 after buying an additional 31,073 shares in the last quarter. State Street Corp increased its position in Snap-On by 1.3% in the 4th quarter. State Street Corp now owns 2,272,041 shares of the company’s stock valued at $782,945,000 after buying an additional 28,071 shares in the last quarter. First Trust Advisors LP increased its position in Snap-On by 3.3% in the 1st quarter. First Trust Advisors LP now owns 2,033,129 shares of the company’s stock valued at $738,473,000 after buying an additional 65,521 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Snap-On by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,011,914 shares of the company’s stock worth $693,306,000 after buying an additional 39,765 shares during the period. Finally, Auto Owners Insurance Co boosted its holdings in Snap-On by 34,360.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,025,185 shares of the company’s stock worth $353,279,000 after acquiring an additional 1,022,210 shares in the last quarter. Institutional investors own 84.88% of the company’s stock.

Snap-On News Summary

Here are the key news stories impacting Snap-On this week:

• Positive Sentiment: Snap-on beat Q2 estimates, posting EPS of $4.96 versus $4.95 expected and revenue of $1.24 billion versus $1.22 billion expected, supported by 4.7% year-over-year sales growth and 3% organic sales growth. Article: Snap-On (SNA) Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management signaled disciplined capital allocation, saying it expects about $100 million of 2026 capex and is targeting a roughly 22% full-year tax rate, which investors may view as supportive of future profitability. Article: Snap-on expects $100M 2026 capex while targeting ~22% full-year tax rate
• Positive Sentiment: Roth Capital reaffirmed its buy rating and raised its price target to $431 from $409, reinforcing optimism around the stock after the earnings release. Article: Roth Capital rating update
• Neutral Sentiment: Several post-earnings writeups and the earnings call transcript recapped the quarter’s results and management commentary, but did not add materially new catalysts beyond the initial report. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Some headlines noted that sales came in below analyst estimates on one read-through of the report, suggesting the market may still be weighing whether revenue momentum is strong enough to justify further upside. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings

Snap-On Company Profile

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.